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20130101
Search Results 0 to 4 of about 5 (some duplicates have been removed)
be well advised to accept the fact that president obama won the election and minimize the damage that will be done by the tax increase that is coming. >> chris: you would go for the stripped down obama plan? >> i would go for what the speaker tried to do late last week and try to get the number up from $250,000. yes, there is going to be a tax increase on the wealthy. i would try to protect investments as much as possible. do the amt patch. have a reasonable deal on estate taxes. i'm a squish on this. got to make the best of a bad situation. i think what will happen incidentally is republicans will be faced on monday, on december 31 with having to vote on a much worse proposal than the one they didn't give speaker boehner the majority for. >> chris: the plan b. >> harry reid will pass through the senate on thursday or friday a tax hike on everyone over $250,000 and republicans will have the joyc choice on m, letting it come to a vote. i think the speaker probably has to. b, will they lose 20 or 30 republicans to join the democrats to pass this or not. i think it is a worse outcom
. if you look at sentiment among democrats especially further to the left since the election their feeling has been president obama won and we will not take this out of seniors and we will not take this out of medicare or social security. no cuts in those things. that position has hardened i think on the left in the past couple of months. >> chris: kirsten, i know you are a believer, i have been watching you this week, that obama won and really cleaned the republicans' clock on the whole thing because he ends up getting the tax rate increases that he wanted. on the other hand, you do have another debt line coming in in about two months according to timothy geithner and that is the increase in the debt ceiling. the republicans hold most of the leverage because they can at least threat ton send the country into default unless there are serious and major spending cuts. at that point does this obama victory perhaps look a little different? >> the question is are they going to want to do what they did last time with the debt ceiling which ultimately caused us to have a downgrade of our economy.
at -- among democrats, especially, further to the left, since the election, their feeling has been, president obama won, we will not take this out of seniors, we will not take it out of medicare, we will not take it out of social security. no cuts, and those things and that position has hardened, i think on the left in the past couple of mo couple of months. >> chris: you are a believer, kirsten, that obama won and, gets the tax rate increases. on the other hand, you do have another deadline coming in about two months, according to timothy geithner and that is the increase in the debt ceiling and at that point, it would seem to me the republicans hold most of the leverage, because they can at least threaten to send the country into default unless there are serious and main spending cuts. at that point does this obama victory perhaps look a little different? >> well, i mean, i think the question is, are they really going to want to do what they did last time with the debt ceiling, which ultimately caused us to have a downgrade of our economy. do they want to do that again? i think it is a bit
Search Results 0 to 4 of about 5 (some duplicates have been removed)